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of flying after boeing runs into even more trouble with the dreamliner. then there is fear of the flu. it is spreading coast-to-coast like -- well, like the flu. but since we're cnbc, we have found ways to profit. the fear of earning season. alcoa kicks it all off later today right after the bell. meantime let's get things started with sue at the nyse. >> breaking news, there's another problem with boeing 787. phil lebeau live in chicago. >> reporter: take you to boston. at the airport reports of responding to a fuel leak of a japan airlines flight that was scheduled to take off from boston to tokyo. as we take a look at shares of boeing, let's point out we have not confirmed this is a 787 dreamliner but that's the type of aircraft flying between boston and tokyo for japan airlines. again, this would be a fuel leak with an engine completely separate if it is a dreamliner from what happened yesterday. the reason we showed you shares of boeing over the last couple of days, this stock has been pummeled, down 4% over the last couple of days. in part because a lot of people have headline r
due from wells fargo before the bell. plus, a rough week for boeing. today, u.s. transportation officials are set to announce a special review related to some of the recent electrical problems on the new 787 dreamliner. it's tri, january 11th, 2013, and "squawk box" begins right now. >>> the index is now 93 points off its record low that was locked back in october 2007. we've been watching the futures this morning, and right now those u.s. equity futures are indicated slightly lower for the dow futures just over six points, but the s&p futures and the nasdaq futures are indicated slightly higher. this is a global story with world stocks near eight-month highs. european stocks consolidating in early trading today. france pulling back slightly, but in germany, the dax is up by just over 8.5 points. the ftse is up by about five points or so in london. if you want to know who is taking part in this rally, check out these new statistics. investors poured $5 million stocks into mutual funds. that is the largest weekly inflow since 2001. mean too many, etfs gained about $8 million in c
to where the growth is, and a sign that margins may face more pressure? >> yet another setback for boeing and the 787. canceling a domestic flight after a computer erroneously signaled a brake problem. >> clearwire gets a bid. dish network offers 3.30 a share above sprint's offers. david faber has the details on this story. sending sprint lower in pre-market trade. >>> results from alcoa last night, rising in the pre-market after reporting fourth-quarter profits in line with estimates. revenues above forecasts. alcoa says it sees aluminum demand growth ul 7% this year. the previous forecast, jim, 6 to 6.50. not bad if you're looking for something global out of 2013. >> what europe taketh away china giveth. the ceo has really spent a huge amount in china. whether it be for autos, aerospace, whether it be for trucks, are so bullish, that they can offset whatever's happening around the world globally. remember, there's two components to alcoa. there's also the raw stuff which he said inventory is getting in balance. that's very important. and you've got the packaging, industrial, constructio
. >>> big news on the aviation front. faa orpded a review of new boeing 787 airliners. they'll hold a news conference discussing orders related to the new dreamliner. new plane experienced three problems this week, including a electrical fire that caused severe damage to one plane. >>> good news coming from ford which plans to hire 2,200 new white collar workers including engineers and computer programmers. this hiring will happen this year as demand for new vehicles is picking up. >>> bad news from american express which plans to shave about 5,400 jobs, most from its travel business as customers book more online. >>> scholastic has donated about 1 million new books to schools in new jersey that were ravaged by hurricane sandy. >>> the >>> did shell oil move an oil rig that ran aground to avoid millions in taxes. >>> did shell oil move an oil rig that ran aground to avoid millions in taxe >>> did shell oil move an oil rig that ran aground to avoid millions in taxes. that's a question ed markey is asking but shell denied the accusation, but said the rig was moved due to weather. >>> one tex
. >>> and after a series of technical failures, the faa announced it is investigating boeing's biggest bet. its dream liner 787. >>> and the shooter responsible for the aurora movie theater massacre might plead insanity. how that could put him free. back on the street. >>> our third story out front, the dream liner nightmare. today the federal aviation administration announced an investigation into boeing's 787 dream liner. this is after a week of some really high-profile problems including a fire and fuel leak and electrical failure. the dream liner is boeing's latest jet. news of the probes sent the stock price down sharply 2.5%. outfront tonight, sandra endo with a look at what has gone so wrong. >> boeing's dreamliner was for years just that. a plane made of plastic, a fuel sipper with huge windows, big seats, the plane of the future. >> it was supposed to be, you know, the best thing since sliced bread. >> but a totally new plane run almost entirely by electronics didn't just push the limits and change aviation, it created a whole new learning curve for the industry. the dreamliner was del
't know how long this flu season will last. shep? >> shepard: boeing executives now say new 787 dream liner is safe to fly. the feds are ordering a major review of that plane. after incidents including a fuel leak and a fire. 49 the of these jumbo jets, dream liners are currently in service around the world. united airlines is already flying about a half dozen of them and has ordered a total of 50. deem liner electrical fire boston logan airport. there was 40-gallon fuel spill there as well. a breaking problem all of those just this week today in japan reports of a cracked cockpit window and oil leak to boot. nobody has hurt in any of this. both government officials and boeing insists passengers are not at risk. >> i believe this plane is safe. i would have absolutely no reservation of boarding one of these planes and taking a flight. >> we have complete confidence in the 787 and so do our customers. >> take a look at the cut away view of this dream liner's. it's boeing's most technically advanced by a long shot. materials replacing the aluminum. cheaper to fly, less fuel. supposed to
answers that you need to know. >>> problems are starting to end up for boeing 787 dreamliner and now federal authorities are launching a thorough investigation. >>> and i'll speak with diplomatic trouble shooter bill richardson. he's just back from north korea. he's fighting back criticism of his trip. >> we weren't used for propaganda. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. >>> boeing dreamliner 787 is safe to fly. that's the word from the faa and transportation department despite a week of glitches, including two more today. cnn's renee marsh is joining us with more on what passengers need to know about this jumbo jet. what do
, the boeing dreamliner. the faa just announced a comprehensive review of the plane, after at least two new incidents overnight. there's also a brand-new investigation of the plane's power systems this morning. boeing insists the planes are safe to fly. >>> plus, the million-dollar history mystery about who poisoned the lottery winner. investigators now questioning his wife for more than four hours. what court documents are revealing this morning. >>> we're going to show you a man who's being called mr. perfect. over 9,000 women weighing in on everything they look for in a man. and there he is. this man met every, single requirement. we will meet him ahead. >> perfection camera. >> we're going to get to that. >>> right now, let's get to that deadly and escalating flu epidemic, causing so much misery in so much of the country right now. abc's linsey davis is in one of the hardest-hit cities, boston. good morning, linsey. >> reporter: good morning, george. masks like these and also hand sanitizers are the front defense about fighting the flu here in boston and around the country. it's not jus
was with him if anyone at the time. >> new this morning a press conference just wrapping up regarding boeing's new 787 during minor. transportation secretary ray lahood same day i investigating but he says the dream minor is safe. that suffered some new problems overnight a cracked a cockpit window at an oil leak and separate flight and japan on friday called on nippon airways jet. earlier this week a battery fire caused damage to an empty 787 operated by japan air lines. while on the ground and boston. the other day a l 787 spero feels on the taxi way also at boston after a computer glitch on the point of the valves open. the dream writer, the world's first carbon composite airliner, has a list price of 207 million and boeing suffered through a year through years of delays before delivering the first planes in 2011. is that money as planned and i this morning at san jose is mine that had to introduce a new dream liner service from san jose to tokyo. >> 7:06 a.m. and we will be back in just a couple of minutes. we a study of what cold temperatures, that is our big weather story today. a live
will review the boeing 787 dreamliner after two incidents overnight in japan, coming on the heels of three other mechanical failures this week. good morning, rene marsh. >> the faa will announce in two hours from now, the plans to scrutinize how this jumbo jet was assembled, how parts were manufactured, and looking into its overall design. this would, of course, come days after an electrical fire in the belly of an empty japanese plane on the tarmac at logan airport on monday. one of the lithium batteries exploded. this is what a spokesperson from boeing. we actively work with the faa daily across our product lines. we are absolutely confident in the reliability and performance of the 787. so we're expecting that announcement in just about two hours from now, john. >> thank you very much, rene marsh in washington. >>> ohio's attorney general says the investigation into the steubenville rape case is almost over. and the superintendent of schools is speaking out about the case and social media's role in the whole thing. >> horrendous act. a horrible act of what went on with the internet and
beau report, you watch the stock shrink as you see the smoke coming. boeing is one of the best-run companies in the world, would i fly this thing. but the technology of a new plane obviously challenged. >> interesting. >> we've had gordon bethune, he calls it a teething problem. which i guess happens with every new model. just rarely on such a public scale, right? this is an operation now. >> you need some gripe water. >> it still works. >> i don't know if you ever used that. that's a way to be able to -- when the kids don't feel well, teething problem. but i will point out, it may be a teething problem, but there's not been a cancellation of orders so to speak. but there was another united air, going to airbus, i've been saying the way to play the aerospace plays, is to go with the united technology. if one wins, and the other loses, it's just safer. >> a couple of points off a 52-week high here. do you switch over to others? >> i agree. there was a little note underneath us, like right there, oh, like a jimmy kimmel thing. it was the most exciting thing to happen in the game last night. we
reflected in shares of boeing which has ticked lower since these reports came out. there was a fire this morning on a 787 dreamliner parked at logan airport in boston. it is our understanding according to information we're getting out of boston that the fire has been put out. there were no passengers, no crew on the plane. what's unclear is what started this fire, whether it was something electrical, the plane, if there was something else. we've got a call into boeing to get more details. all we heard from boeing is they're going to be looking into these reports. so they're getting this information as quickly as we're getting this information. but the important thing to keep in mind here, carl, is that this is the fourth incident regarding a dreamliner. remember, we had the two reports from united of dream liners losing some power, some degree of power while in flight and then also a similar report regarding the first flight going over the qatar airways over doha. so now we have a report out of boston of a fire at logan airport on a 787 dreamliner, parked at a gate, no passengers, n
, some turbulence hits boeing after a fire breaks out on a parked plane. ♪ ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. office superstore ink retailer in america. now get $6 back in staples rewards for every ink cartridge you recycle when you spend $50 on hp ink. staples. that was easy. when you spend $50 on hp ink. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. >>> welcome back to "squawk box," everyone. in our headlines this morning, one of the few companies in the world to give apple a run for its money says that it will rep
of a massive plane at logan international airport. turns out to be a boeing dreamliner. well the national transportation safety board is now launching a full investigation. this could be just one of several problems with the dreamliner, which was launched with so much fan nare. dan springer has details for us from seattle. >> reporter: yeah, jon the national transportation safety board has a team in boston right now investigating what they are calling a 787 boeing smoke event. it happened shortly after all the passengers and crew had got even off the plane at logan airport. they had just taken a 12-hour japan airlines flight from tokyo. a maintenance worker smelled smoke and traced it to a compartment near the back of the dreamliner which holds the lithium battery that powers the plane when it's not flying. a battery eventually exploded, the cabin filled up with smoke but nobody was hurt. had this happened during a flight it could have been catastrophic. it adds to the list of electrical problems the 787 has experienced since there was a major fire during a test flight in 2010. in decembe
. >>> and the problems continue to pile up for boeing's dreamliner after an oil leak and a cracked cockpit window were discovered on two separate flights in japan today. the latest incidents come ahead of a scheduled press conference from the federal aviation administration and the u.s. department of transportation. that's scheduled for 9:30 eastern. the uf of a is expected to announce a review into the aircraft's power systems after several mishaps on tuesday. 787 at boston's logan airport leaked around 40 gallons of fuel on to the tarmac a day after another airplane caught fire in boston. boeing stock? i'm not sure we have it. don't worry about it. the we're looking at the three-month chart on the nikkei. up 25.65% in the last three months. up another 1.6% today. shinzo abe announcing another stimulus bill suggesting the bank of japan should maybe think about adopting an employment target. but that nine-week consecutive bull run is the longest in japan since october to december, way back in 1988. so 1988 is the last time the nikkei was up nine weeks in a row. contrast that with european markets. tod
. the head of the federal aviation administration says the boeing 787 is safe, but he is concerned about recent incidents including a battery fire and fuel leak earlier this week. therefore the faa is launching a comprehensive investigation into the 787, reviewing everything from design to manufacturing and assembly. as a result the stock took a nose dive, falling around two and a half%. on to a topic we love to cover, a college degree, is it worth it? the question on everyone's mind as credit states crushing debt. phar-mor, i want to welcome the author of from preschool to grad school, strategies for success at any level of competitive admissions. and charlie kirk is the founder of turning point u.s.a., and he has experience being in school because i think he is just out if i have your age right. thank you for coming on. give us your view. is college reported? >> i think it is becoming more and more less an investment that people put into it. the federal reserve released a report a student loan debt has surmounted $1 trillion. kids are waist deep in debt, and it disallows for entreprene
. >>> a nightmare for boeing amid safety woes for the company's much anticipated dreamliner. nbc's ron mott has more from logan international airport in boston. good morning. >> reporter: good morning to you. double trouble for japan airlines and boeing over the past 48 hours here at logan as both companies investigate exactly what went wrong. two days in a row at boston's logan airport, a japan airline's jet has landed in the news. on tuesday, a new 787 full of passengers and already headed toward the runway had to turn back to the gate after pilots learned jet fuel, about 40 gallons, was spilling from the left tank on to the tarmac. monday, a different 787 parked at the gate following a flight emptied of passengers and crew began smoking. a fire down below that ntsb and boeing investigators have traced to the auxiliary power battery unit. >> it was a moderate fire condition in the modern avionics department that included the batteries and some of the electronic equipment. >> reporter: according to reports, one firefighter was injured battling monday's fire. boeing said of the fire, quote, nothing
ordering a ordering a comprehensive review of the 787 dreamliner, boeing's most most technologically advanced plane. this after a plane, this after a series of s mishaps including a cracked ing window and cockpit window and oil leak on separate f two separate flights in japan li just this morning.ust this morning. >>> >>> a tearful good-bye thursday for the first for the first family of south carolina. carolina. it was hugs and it was hugs and kisses all around as michael around as michael hailey, haley, husband of governor nikki haleyy was deployed to afghanistan thursday.ursday..afghanistan. he will undergo a month of nth training in indiana w training in indiana with his it army national guard unit army national guard unit before deploying. oying. oying. >>> those >>> those trapped killer whalese captured the world's in canada's hudson bay may be as free this morning after an g afi apparent shift in the ice and n winds there.e there. there's been no there's been no sibts of them this morning.orning. sg. the whales have been bobbing frantically for air in just one the whales have
in the incident. about 70 people were injured in that crash, at least two critically. >>> more trouble for boeing and the company's much-touted 787 dream liner. japan's on the pond airways cancelled a domestic flight on wednesday after a faulty computer notification regarding the brakes. this after another 787 caught fire and another suffered a fuel leak. boeing calls the mishaps growing pains for the new aviation technology. >>> aig is backing down amid public outrage and ire from congress. the insurance giant has decided not to sue the u.s. government over the multibillion bailout that saved the insurance giant. they claimed the rescue was unfair to the company's shareholders. >>> now to wall street at the new york stock exchange, good morning, kayla. >> good morning, natalie. wall street is watching jack lew, president obama's nomination for the next secretary of the treasury. once confirmed, lew will take the reigns over avoiding the country's credit card limit. holiday retail sales rose 2.5%, that is less than expected and retailers' stocks are reacting. meanwhile, the overall market is unch
two critically. >>> more trouble for boeing and the much touted 787 dreamliner. japan officials cancelled a flight after a faulty computer notification about the brakes and after another 787 caught fire and yet another suffered a fuel leak. the designer's chief engineer says he has extreme confidence in the plane and boeing calls it gr growing pains. >>> aig is backing down amidst public outrage and ire from congress and decided not to sue the u.s. government over the multi-billion dollar bailout that saved the u.s. giant. they claimed the rescue was unfair to the company shareholders. >>> now, kayla is at the new york stock exchange. good morning. >> good morning. wall street is launching jack lew, president obama's nomination for the next secretary of the treasury and once confirmed he will undertake negotiations with congress over the country's credit card limit. holiday retail sales rose 2.5%, that is less than expected and retailers stocks are reacting. meanwhile, the overall market is unchanged on the week. >> kayla at the new york stock exchange, thanks. >>> doing a fly b
a comprehensive review of the 787 dreamliner, boeing's most technologically advanced plane after a series of mishaps, including a cracked crock pit window. >>> tearful good by thursday for the first family of south carolina. it was hugs and kisses all around as michael haley, husband of governor nikki haley, was deployed to afghanistan. >>> hudson bay trapped whales may be free this morning after an apparent shift in the ice and winds there. there has been no sight of them this morning. whales have been bobbing frantically for air with just one hole in the ice. there has been concern, however, that the whales could get trapped again. >>> where is samuel l. jackson when you need him? snake on a plane drama after nearly 10-foot python was spotted by passengers lapping on the wing mid air, apparently crawled up through the landing bay, found its way through a crevice on the wing. the plane landed safely. all the passengers were okay. unfortunately, the same can't be said for the snake. 7:15 right now. let's turn it back over to matt and al. >> that little guy on the wing, too. >> william sha
Search Results 0 to 23 of about 24 (some duplicates have been removed)

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